The Petroleum Dealers Association (PDATT) is calling on the Minister of Energy & Energy Industries to remove the specific electricity charges associated with dispensing Compressed Natural Gas (CNG) and to provide the 20 cents margin to make the industry viable.
This comes as PDATT said members of the motoring public who use CNG have recently been inconvenienced by its unavailability at stations in South Trinidad. In a statement issued on Monday night, the Petroleum Association said the current situation is unsustainable.
“CNG Operators simply do not achieve enough volume to pay for the industrial electricity and the employees who are required to dispense the product. National Petroleum Marketing Company Limited and UNIPET have been consistent in providing liquid fuels to all gas stations to ensure that Petroleum Dealers are able to serve the motoring public. Citizens expect that when they need fuel, a gas station will be open for business, stocked with the product they need and staffed by courteous staff or have the appropriate level of technology to satisfy their demand. Petroleum Dealers cannot continue to satisfy these expectations with the current margins and those in the CNG business will have to reconsider their investments. It is difficult for any industry to operate in a price-controlled situation with unsustainable margins.” – PRESS STATEMENT.
PDATT says for the past four years, petroleum dealers have been in discussion with various Ministers and government officials and the response has been “unencouraging”.
It adds that the situation was exacerbated in 2017 after the government granted a five cents increase while simultaneously increasing the price at the pumps, the Business Levy and Green Fund Levy.